Bank Interest Rates: If you have a savings account, the bank pays you interest on your savings. You can keep your savings safe in this account. In addition, you also get a lot of benefits.
In this, the bank fixes the interest based on the daily closing balance. Every bank customer earns interest at different times. There are many banks that charge interest every three months. The bank fixes the annual interest. This deposit is available on your deposit basis. All banks give different interest rates.
If you can also deposit in FD you will earn more interest than savings account.
Let’s find out Bank Interest Rates of different different bank on savings account.
- SBI Bank :- The country’s largest public sector bank SBI customers get 2.70 percent interest on deposits up to Rs 10 crore. In addition, 3 percent interest is earned on deposits above 10 crores.
- HDFC Bank :- If you are also a customer of HDFC Bank, you can get 3% interest rate on savings account less than 50 lakhs. On the other hand, if you have a deposit of more than Rs 50 lakh in your account, you will earn interest at the rate of 3.50 percent.
- ICICI Bank:- ICICI Bank customers will get 3% interest on deposits up to Rs.50 lakh. In addition, interest will be paid at the rate of 3.5 percent on deposits above Rs 50 lakh.
- PNB Bank :- PNB account holders get interest at 2.70 percent on deposits of Rs 10 lakh. On the other hand, if the customer has a deposit of Rs 10 lakh to Rs 100 crore in the savings account, he will earn interest at the rate of 2.75 percent.
- Canara Bank :- If we talk about Canara Bank which is offering interest to its customers between 2.90 percent to 4 percent. Maximum interest is available on deposits of Rs.2 crores. 4 percent interest is paid on it.
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